Head up display market is anticipated to grow at a considerable CAGR of around 27.8% during the forecast period. A head-up display is in the embryonic stages of development and deployment. Several automobile manufacturers have developed and marketed basic HUD systems offering a glimpse of the capabilities that such systems offer. In addition, a HUD solution has confronted the unique challenges of the commercial vehicle, off-highway vehicle, and train industries to offer solutions tailored for their unique geometrics. The market is primarily driven by significant growth in the automotive sector, along with various technological advances offered by market players, which creates a positive outlook for the market. Additionally, the growing consumers’ preferences for lavish and luxury cars that are integrated with augmented reality coupled with offering the combination of liquid crystal display(LCD), and light-emitting diode(LED), are some of the prominent factors contributing to the growth of global head-up display market.
The consistent technological advancements, new projection technologies, including the micro mirror-based devices primarily based on electromechanical systems, which will aid in creating a brighter and clear display, these factors are throwing light on the growth of the global head-up display market.
However, the windshield-based head-up display requires large space in automotive cockpits, thus extra efforts have required redesigning the dashboard integrated with the windshield head-up display. Any decrease in the size of the windshield head-up display results in the reduction of clarity of augmented images and causes road accidents. The space constraints for embedding windshield head-up displays in automotive cockpits are a key restraining factor for the growth of head-up display market.
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Head Up Display Market Segmentation
By Type
- Conventional Head Up Display
- Augmente Reality Head Up Display
By Application
- Video Generators
- Projectors/Projection unit
- Display Units Software
By Technology
- CRT
- Micro Electromechanical Systems (MEMS)
- Liquid Crystal Display (LCD)
- DLP
- Others (LCOS, Waveguide)
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Alps Alpine Co. Ltd.
- BAE Systems Inc.
- Collins Aerospace
- Corning Inc.
- Continental AG
- DENSO Corp.
- Digi-Key Corp.
- Elbit Systems Ltd.
- Envisics Ltd.
- HARMAN International.
- Honeywell International Inc.
- HUD Solutions
- Hudway LLC
- i4drive
- Lumiode Inc.
- Pioneer Corp.
- Renesas Electronics Corp.
- Saab Group
- STM Electronics
- Texas Instruments
- Transdigm Group Inc.
- Wayray
- Yazaki Corp.
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